Live CPE Webinar
The Mathematics of Portability
- CPE Credits
- 2
- Price
- $89.00
- Field of Study
- Taxation
- Format
- Online
Portability allows a surviving spouse to retain the deceased spouse’s unused estate and gift tax exemption. Given this year’s great political uncertainty, the portability election may be more important than ever before. Advisors must refresh their understanding of portability in order to help clients who may have an estate tax obligation unexpectedly thrust upon them.
Major Topics:
- The mathematics of portability in depth
- Estate tax consequences of electing portability
- Income tax consequences of electing portability
- Rev. Proc. 2022-32 – late election relief
- 9100 Relief for late portability elections
- Portability only estate tax returns
- Portability for large and small IRAs
- Portability in second marriages
Learning Objectives:
- Understand portability
- Learn about the 4 paths to portability
Designed For
CPAs, Financial Advisers and Estate Attorneys
Prerequisites
None